PLATINUM2024

BABY QUEST FOUNDATION INC

Granting financial assistance...fulfilling dreams...building families

aka Baby Quest Foundation, Inc.   |   Los Angeles, CA   |  www.babyquestfoundation.org
GuideStar Charity Check

BABY QUEST FOUNDATION INC

EIN: 45-2256722


Mission

Baby Quest is a charitable organization whose goal is to
grant financial assistance to those who cannot afford the high cost of
procedures such as egg donation, IVF and gestational surrogacy. We accept applications from US residents -  heterosexual, same sex couples, and singles.

 

We hope you will
join us in fulfilling the dreams of those who so desperately want to have a
child.

Ruling year info

2011

founder

Pamela Hirsch

Main address

149 S. Barrington Avenue #112

Los Angeles, CA 90049 USA

Show more contact info

EIN

45-2256722

Subject area info

Human services

Personal services

Population served info

Adults

NTEE code info

Fund Raising and/or Fund Distribution (P12)

Personal Social Services (P50)

Fund Raising and/or Fund Distribution (W12)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Baby Quest awards grants to those who cannot afford the high costs of assisted reproduction. With limited overhead and low administrative costs, nearly all funds go to our recipients. As of January 2022, we have helped produce 126 babies and counting. Baby Quest has awarded over $2.3 million in cash and cash equivalents. We continue to strive to fulfill the dreams of those who want to start a family.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Baby Quest Grants

Twice yearly grants are awarded.. spring and fall

Population(s) Served
Adults

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of grants received

This metric is no longer tracked.
Totals By Year
Related Program

Baby Quest Grants

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

We have progressed from the first year when we awarded $9000 in grants to recent years when we have awarded over $375,000 yearly. We have helped produce 168 babies and counting.

Total dollar amount of grants awarded

This metric is no longer tracked.
Totals By Year
Population(s) Served

Ethnic and racial groups

Related Program

Baby Quest Grants

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

In March 2023, we awarded $200,000 to 16 new grant recipients.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Our goal is to fund as many of those who cannot afford to proceed with assisted reproduction...ivf, embryo donation, gestational surrogacy.

Social media, corporate sponsorships, individual donations

Our enhanced website and social media presence have enabled us to reach more. We have also made strives in destigmatizing infertility for both females and males.

Covid had an extreme impact on the world of fertility with clinics closing and procedures put on hold. This also had a negative impact on our 2020 revenues. Now with the world opening up slowly, we are again seeing growth.

Baby Quest has continued to award grants, despite the impact of Covid. We are achieving new levels of philanthropy, as can be shown by the increase in grants and those awarded.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To make fundamental changes to our programs and/or operations

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We act on the feedback we receive

  • What challenges does the organization face when collecting feedback?

    We don't have any major challenges to collecting feedback

Financials

BABY QUEST FOUNDATION INC
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

0.00

Average of 0.00 over 7 years

Months of cash in 2022 info

SOURCE: IRS Form 990

32.6

Average of 21.4 over 7 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

0%

Average of 0% over 7 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

BABY QUEST FOUNDATION INC

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

BABY QUEST FOUNDATION INC

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

BABY QUEST FOUNDATION INC

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of BABY QUEST FOUNDATION INC’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation -$31,304 $76,251 $51,705 $111,279 $356,017
As % of expenses -11.1% 28.7% 25.7% 77.8% 126.3%
Unrestricted surplus (deficit) after depreciation -$31,304 $76,251 $51,705 $104,731 $348,160
As % of expenses -11.1% 28.7% 25.7% 70.0% 120.2%
Revenue composition info
Total revenue (unrestricted & restricted) $250,740 $340,093 $252,786 $254,367 $637,862
Total revenue, % change over prior year 17.5% 35.6% -25.7% 0.6% 150.8%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0% 0.0% 0.0%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 100.0% 100.0% 100.0% 100.0% 100.0%
Other revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $282,049 $265,242 $201,081 $143,088 $281,845
Total expenses, % change over prior year 122.6% -6.0% -24.2% -28.8% 97.0%
Personnel 0.0% 0.0% 0.0% 0.0% 0.0%
Professional fees 14.2% 0.0% 0.0% 0.4% 2.3%
Occupancy 0.0% 0.0% 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 70.9% 68.2% 79.3% 80.6% 72.9%
All other expenses 14.9% 31.8% 20.7% 19.1% 24.8%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $282,049 $265,242 $201,081 $149,636 $289,702
One month of savings $23,504 $22,104 $16,757 $11,924 $23,487
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $55,000 $0
Total full costs (estimated) $305,553 $287,346 $217,838 $216,560 $313,189

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 9.6 13.7 21.1 34.4 32.6
Months of cash and investments 9.6 13.7 21.1 34.4 32.6
Months of estimated liquid unrestricted net assets 9.6 13.7 21.1 34.4 32.6
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $226,403 $302,654 $354,359 $410,638 $766,655
Investments $0 $0 $0 $0 $0
Receivables $0 $0 $0 $0 $0
Gross land, buildings, equipment (LBE) $0 $0 $0 $55,000 $55,000
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0% 11.9% 26.2%
Liabilities (as a % of assets) 0.0% 0.0% 0.0% 0.0% 0.0%
Unrestricted net assets $0 $0 $0 $0 $0
Temporarily restricted net assets $0 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $0 $0 $0 $0 $0
Total net assets $226,403 $302,654 $354,359 $459,090 $807,250

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

founder

Pamela Hirsch

Pamela Hirsch established Baby Quest in 2011. She was formerly one of the owners of a branch of the Princeton Review test preparation company. She has been honored to ring the opening bell at Nasdaq and was named to Inc 500's list in 1994. Baby Quest has been profiled on The Today Show and on The View. All segments can be seen on the charity's website: www.babyquestfoundation.org

Number of employees

Source: IRS Form 990

BABY QUEST FOUNDATION INC

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

BABY QUEST FOUNDATION INC

Board of directors
as of 06/14/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Pamela Hirsch

Pamela Hirsch

Marc Kalan

Nicole Lawson

Amanda Lewis

Rose Kesten Pondel

Bruce Tenenbaum

Heather Tonkins

Samantha Sedaka

Lora Shahine

Karen Jeffries

Marc Sedaka

Julie Allgood

Natalie Crawford

Temeka Zore

Fred Licciardi

Lowell Ku

Leyla Bilali

Allison Kasirer

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Not applicable

Organizational demographics

SOURCE: Self-reported; last updated 6/14/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

No data

Race & ethnicity

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 06/07/2023

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We ask team members to identify racial disparities in their programs and / or portfolios.
Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.